What Southwest Florida Buyers Need To Know About Homeowners Association Fees

What Southwest Florida Buyers Need To Know About Homeowners Association Fees

When buying a home in Southwest Florida, your focus is likely on things like mortgage rates, home prices, down payments, and closing costs. But there’s another important factor to consider that’s especially relevant in our area: homeowners association (HOA) fees.

While not every home comes with these fees, they’re quite common—especially in planned communities, gated neighborhoods, and condo developments that are prevalent in places like Lakewood Ranch, Sarasota, and Naples.

What Is an HOA?

A homeowners association (HOA) is an organization that manages a residential community. It typically oversees shared spaces and enforces community rules for things like exterior maintenance and property appearance. Some buyers appreciate the conveniences and standards an HOA provides, while others may view the fees as an extra cost. The key is knowing what you’re getting—and whether the benefits align with your priorities. (see graph below):

Perks of Living in an HOA Community in Southwest Florida

If you’ve ever admired the pristine landscaping, clean streets, or upscale amenities in a Florida neighborhood, chances are an HOA played a big role. Here’s what you may get in return for those monthly fees:

✅ Maintenance-Free Living: Many HOAs cover lawn care, landscaping, pest control, and exterior upkeep—especially in townhome and condo communities.

✅ Resort-Style Amenities: Pools, clubhouses, tennis courts, fitness centers, pickleball, gated security, and golf courses are common in Southwest Florida HOAs. This can actually save you money by replacing separate gym or club memberships.

✅ Property Value Protection: HOAs enforce community standards, ensuring neighbors maintain their homes and yards—helping preserve curb appeal and home values.

✅ Less Work for You: In some communities, the HOA may cover exterior repairs, roofs, and even building insurance for condos—making life easier for homeowners.

HOA Fees: Common in Florida’s Newer Communities

In Florida, especially in rapidly growing areas like Manatee, Sarasota, and Charlotte counties, HOA fees are more the norm than the exception. A Wall Street Journal report found that over 80% of newly built single-family homes across the U.S. are part of an HOA—and this trend is definitely reflected in our region.

Even resale homes may come with HOA dues. According to Axios, nearly 4 out of every 10 homes in the U.S. had an HOA in 2024.

How Much Are HOA Fees in Southwest Florida?

HOA fees can vary widely—from under $100/month to several hundred dollars—depending on what’s included. Some neighborhoods charge monthly, while others may have quarterly or annual dues.

As a point of reference, the median HOA fee in the U.S. rose to $125/month last year, per Realtor.com. But here in Southwest Florida, you may see higher averages in amenity-rich or coastal communities.

As Danielle Hale, Chief Economist at Realtor.com, explains:

“When considering a home with an HOA, buyers should work to understand what benefits it provides like maintenance, security, or communal amenities, and how the HOA fees factor into their overall budget.”

Final Thoughts

Before buying a home in Southwest Florida with an HOA, take time to:

• Review the rules and regulations (they vary by community).

• Understand what’s included in the fee.

• Factor the fee into your monthly budget.

• Ask your real estate agent whether HOA homes are a good fit for your lifestyle.

Would you prefer a low-maintenance lifestyle with resort-style amenities—or full control over your property with no monthly dues?

Let’s connect and find the right community for your needs and budget here in Southwest Florida.